2011 MOP to TRY Historical Review

YEARLY HIGH

0.2391 TRY

YEARLY LOW

0.1881 TRY

YEARLY AVERAGE

0.2094 TRY

2011 MOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2391. Conversely, the yearly low was recorded on April 8, dropping to 0.1881.

This high-to-low spread represents a total annual volatility of 0.0510 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1955 to the December average rate of 0.2334, the exchange rate registered a net change of 19.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2391 was up 19.68% compared to the 2010 peak of 0.1998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 1,195 TRY

2010 Average 941 TRY

Yearly Trough Low 940 TRY

Transaction Impact: A difference of 255.06 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2378

0.1855

JanuMarcMayJulySeptNove

MOP to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1962, compared to 0.2227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.1962

H2 Avg (Jul–Dec) 0.2227

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0191 TRY (High: 0.2367 / Low: 0.2176). On the other end, February was the most stable month, with a tight range of 0.0036 TRY (High: 0.2003 / Low: 0.1967).

October Spread (Volatile) ±0.0191

February Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0070 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2334) against the same month in 2010 (average: 0.1902), the exchange rate shifted by +0.0432 (+22.71%).

2011 Avg (December) 0.2334

2010 Avg (December) 0.1902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2000	0.1918	0.1955
February	0.2003	0.1967	0.1983
March	0.2019	0.1927	0.1969
April	0.1919	0.1881	0.1899
May	0.2006	0.1898	0.1967
June	0.2051	0.1966	0.1997
July	0.2141	0.2008	0.2064
August	0.2227	0.2091	0.2187
September	0.2313	0.2147	0.2236
October	0.2367	0.2176	0.2279
November	0.2348	0.2193	0.2260
December	0.2391	0.2277	0.2334